Thermo Fisher Scientific Inc. (NYSE:TMO) reported an earnings per share (EPS) of $6.10, beating the estimated $5.94.
The company’s revenue for the fourth quarter was approximately $11.4 billion, exceeding expectations.
Thermo Fisher’s financial metrics, including a P/E ratio of approximately 37.81 and a debt-to-equity ratio of approximately 0.72, reflect its solid market position.
Thermo Fisher Scientific Inc. (NYSE:TMO) is a prominent player in the scientific instrument and laboratory supplies industry. The company provides a wide range of products and services that support scientific research, healthcare, and diagnostics. Thermo Fisher competes with other major companies in the life sciences sector, such as Danaher and Sartorius, which also offer tools and services for developing therapies.
On January 30, 2025, Thermo Fisher reported earnings per share (EPS) of $6.10, surpassing the estimated $5.94. This performance marked a 2.87% earnings surprise, as highlighted by Zacks. The company has consistently exceeded consensus EPS estimates over the last four quarters, demonstrating strong financial performance. In the previous quarter, Thermo Fisher also delivered a 0.57% earnings surprise with EPS of $5.28.
Thermo Fisher’s revenue for the fourth quarter was approximately $11.4 billion, exceeding the estimated $11.3 billion. This figure marked a 5% increase from the previous year and surpassed the Visible Alpha consensus of $11.28 billion. The company’s largest segment, Laboratory Products and Biopharma Services, experienced a 4% increase in revenue, contributing to the overall sales growth across all four divisions.
The company’s strong financial results led to a 6.6% intraday rise in its stock, recovering from the previous quarter’s decline due to flat or declining sales in two segments. Thermo Fisher’s adjusted profit of $6.10 per share exceeded analysts’ predictions, driven by strong demand for its tools and services used in developing therapies. Despite challenges faced by contract drug manufacturers, Thermo Fisher’s performance remains robust.
Thermo Fisher’s financial metrics reflect its solid market position. The company has a price-to-earnings (P/E) ratio of approximately 37.81, indicating investor confidence in its earnings potential. Its price-to-sales ratio is about 5.48, and the enterprise value to sales ratio is around 6.21, suggesting a strong valuation relative to its sales. The debt-to-equity ratio of approximately 0.72 indicates a moderate level of debt, while the current ratio of about 1.63 suggests good liquidity to cover short-term liabilities.